zoomIllustration; Source: Pixabay under CC0 Creative Commons license Oslo-listed Ocean Yield has completed a new perpetual hybrid callable bond issue of USD 125 million.The net proceeds from the hybrid bond would be used for general corporate purposes including new investments, according to the company.The bond carries a coupon of 3 months LIBOR + 6.50 % p.a. with quarterly interest payments. The issue attracted strong interest and was well oversubscribed, Ocean Yield said.It will be accounted for as book equity and is subordinated to the company’s outstanding senior unsecured bonds.Earlier this week, Ocean Yield agreed to acquire a Handysize dry bulk newbuilding at a price of USD 18 million net of pre-paid charter hire, scheduled for delivery by the end of September 2019.The vessel has a 10-year bareboat charter to a company owned and guaranteed by Interlink Maritime Corp.
Comcast Share your voice Comcast is working on a health tracking device. SOPA Images/Getty Images Comcast is developing an in-home health monitoring device.The company has been working on the product for over a year, according to a Tuesday CNBC report, and plans to start doing pilot tests later this year. A company representative confirmed the report and said there’s no role for the device beyond health.The device will use ambient sensors to monitor basic health metrics, and will be geared toward tracking whether someone goes to the bathroom too often or stays in bed longer than usual, according to CNBC. Comcast is also developing tools that can detect falls, according to the report.The company will reportedly offer the monitoring device to at-risk people such as seniors and people with disabilities, but there isn’t yet a set price or confirmed timing for the release. Pilots will start by the end of the year, and the device could be released commercially in 2020, the report says. The device will reportedly have a personality similar to that of Amazon’s Alexa and will make emergency calls, but it won’t be marketed as an assistant tool or carry out functions like web searches or turning off the lights. The Comcast representative emphasized that the device is built to be a sensor that detects motion, and is not a smart speaker.Comcast has reportedly been working with a handful of hospitals, including Rush in Chicago, to discuss using the device to keep patients from returning to the hospital after being discharged. Other major tech companies have also been eyeing the senior market. Nest is reportedly exploring integrating smart home devices into senior living facilities, Amazon is reportedly looking into making tech for older people and Apple added an FDA-cleared EKG feature in its Series 4 Watch that warns wearers about abnormal heart rhythms linked to atrial fibrillation.Originally published May 21, 2:37 p.m.Update, 3:07 p.m.: Adds confirmation from Comcast. Comment Sci-Tech Wellness 1 Tags
Priya Saha raises allegations of minority repression in Bangladesh during a meeting with US president Donald Trump. Photo: Collected.Two sedition pleas filed here against Priya Saha, who raised allegations of minority repression in Bangladesh during a meeting with US president Donald Trump, were dismissed hours after filing of those on Sunday, reports UNB.Lawyer Syed Sayedul Haque Suman and Ibrahim Khalil filed the pleas with separate magistrate courts on Sunday morning which were dismissed in the afternoon as it requires permission from the ministry of home affairs.Meanwhile, Khulna district Awami League general secretary Md Kamruzzaman Jamal and Modon Kumar Saha moved the court seeking permission to file sedition cases against her.Khulna metropolitan magistrate Md Amirul Islam listened to them and said the sedition complaints have been kept for hearing as it needs permission from the home ministry.Priya Saha complained to Trump that 37 million Hindus, Buddhists and Christians had disappeared from Bangladesh and that her home was torched and her land grabbed by Muslim fundamentalists.Bangladesh strongly condemned the allegations. The government on Saturday said there appears to be an ulterior motive behind Priya Saha’s false and concocted stories aimed at maligning Bangladesh.